Deck 7: Monitoring and Controlling the Project
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Deck 7: Monitoring and Controlling the Project
1
Control is the collection, recording, and reporting of project information.
False
2
Everyone associated with the project should receive the same information.
False
3
The plan-monitor-control cycle constitutes a "closed loop" process.
True
4
The purpose of control is to ensure that all interested parties have the information they need.
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5
In general, it is preferable to have periodic reports.
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6
Raw numbers represent a simple tally of the occurrence of an event.
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7
In order to manage for overall project success, control must be exercised at the detailed work level for each aspect of project performance.
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8
One way of linking planning and control is to monitor project progress on the MSP Gantt chart.
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9
An overload of reporting is just as dangerous as underreporting.
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10
Too often, intensity of activity is measured instead of results.
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11
Project monitoring and control can be thought of as opposite sides of project selection and planning.
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12
Mechanisms to gather and store data rarely need to be designed.
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13
Frequent blame is considered a good motivational tool to keep project team members on track.
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14
The most important use of data gathered from monitoring is learning from mistakes.
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15
It is often the case with particularly challenging or uncertain projects that the planning-monitoring-controlling effort is minimized so that the "real work" can be done.
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16
A common mistake is to focus too much on results and not enough on the intensity of activity.
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17
In order to manage for overall project success, control should be exercised at a very high and aggregated level and not get bogged down with unnecessary details.
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18
Statistical quality control techniques can be helpful for determining what size variances are significant.
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19
The most important use of data gathered from monitoring is control.
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20
An important use of data analysis is to identify who to properly blame for poor project performance.
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21
Earned value is a measure for overall project progress in terms of performance, budget and schedule.
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22
Exception reports are primarily intended for unexpected situations.
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23
Monitoring is the direct connection between project planning and control.
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24
Lower expenditures than expected at a given point in time is always good.
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25
To maximize efficiency, project team meetings should follow Robert's Rules of Order.
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26
Project review meetings are always important.
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27
Which of the following is not an objective mentioned in the text for data gathered from monitoring?
A) promoting team members
B) keeping management informed
C) auditing
D) learning from mistakes
E) control
A) promoting team members
B) keeping management informed
C) auditing
D) learning from mistakes
E) control
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28
Remarks should be directly attributed to individuals in the meeting minutes.
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29
The key to setting up a monitoring system is to identify the special characteristics of scope, cost and time that need to be controlled in order to achieve the project goals.
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30
Control systems that make use of all five components of project control are called cybernetic control systems.
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31
The percentage of an activity's budget actually spent by a given date is typically a good indicator of the percent of that activity's completion.
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32
The plan-monitor-control cycle is best described as…
A) an open loop process
B) a closed-loop process
C) an ad-hoc process
D) an informal process
E) a hierarchical process
A) an open loop process
B) a closed-loop process
C) an ad-hoc process
D) an informal process
E) a hierarchical process
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33
According to the text, there is no satisfactory way to measure accurately the percent of completion of most tasks.
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34
The 50-50 approach for estimating progress overstates the EV of tasks that are near completion and understates the EV of tasks that have recently begun.
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35
Which of the following is used when it is especially difficult to find a direct measure of a variable?
A) frequency count
B) raw numbers
C) surrogates
D) subjective numeric ratings
E) verbal characterizations
A) frequency count
B) raw numbers
C) surrogates
D) subjective numeric ratings
E) verbal characterizations
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36
Earned value (EV) of a task is the budgeted cost of the work actually performed.
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37
Exception reports are prepared to disseminate the results of a special study.
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38
The go/no-go control takes the form of tests (sensors) to determine if some specific precondition (standard and comparator) has been met before permission is granted to continue (decision maker and effector).
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39
Earned Value is a measure of overall project progress in terms of performance, budget, and schedule.
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40
Weekly progress report meetings should be rarely held.
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41
Explain why project monitoring and control can be thought to be opposite sides of project selection and planning.
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42
Which of the following is not true regarding meetings?
A) A written agenda should be distributed in advance of the meeting.
B) The agenda should announce pre-set starting and stopping times.
C) It is appropriate to be flexible and extend a meeting's stopping time if issues come up that were not on the agenda.
D) Don't penalize those who show up on time by making them wait for those who are late.
E) All of the above are true.
A) A written agenda should be distributed in advance of the meeting.
B) The agenda should announce pre-set starting and stopping times.
C) It is appropriate to be flexible and extend a meeting's stopping time if issues come up that were not on the agenda.
D) Don't penalize those who show up on time by making them wait for those who are late.
E) All of the above are true.
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43
Managing a project involves all of the following except;
A) Continually planning what to do
B) Checking on progress
C) Comparing progress to plan
D) Taking corrective action to build to bring progress into agreement with the plan if it is not
E) Holding regular meetings
A) Continually planning what to do
B) Checking on progress
C) Comparing progress to plan
D) Taking corrective action to build to bring progress into agreement with the plan if it is not
E) Holding regular meetings
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44
The first step in setting up a monitoring system is to:
A) identify personnel
B) identify all project milestones
C) identify key factors to be controlled
D) identify reports required
E) develop a change request form
A) identify personnel
B) identify all project milestones
C) identify key factors to be controlled
D) identify reports required
E) develop a change request form
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45
Which of the following is not a primary mechanism by which the PM exerts control?
A) reviews
B) personnel assignments
C) audit reports
D) resource allocation
E) all of the above are mechanisms by which the PM exerts control
A) reviews
B) personnel assignments
C) audit reports
D) resource allocation
E) all of the above are mechanisms by which the PM exerts control
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46
Which of the following was not listed in the text as a convention for estimating task progress?
A) 50% when task is started and another 50% when it is completed
B) 100 percent when task is completed and 0% before that
C) using the ratio of cost expended to total cost budgeted
D) using the ratio of time expended to the total time scheduled
E) all of the above were mentioned
A) 50% when task is started and another 50% when it is completed
B) 100 percent when task is completed and 0% before that
C) using the ratio of cost expended to total cost budgeted
D) using the ratio of time expended to the total time scheduled
E) all of the above were mentioned
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47
List and briefly describe the five data formats discussed in the text.
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48
Which of the following is not a component of a control system?
A) effector
B) sensor
C) decision maker
D) leveler
E) standard
A) effector
B) sensor
C) decision maker
D) leveler
E) standard
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49
In earned value analysis…
A) it is desirable to have negative variances for both schedule and spending.
B) it is desirable to have positive variances for both schedule and spending.
C) the schedule variance should be positive and the spending variance negative.
D) the schedule variance should be negative and the spending variance positive.
E) ideally both variances would equal zero.
A) it is desirable to have negative variances for both schedule and spending.
B) it is desirable to have positive variances for both schedule and spending.
C) the schedule variance should be positive and the spending variance negative.
D) the schedule variance should be negative and the spending variance positive.
E) ideally both variances would equal zero.
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50
List the benefits of reports beyond the purpose of control.
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51
Estimated (remaining cost) to completion (ETC) is calculated as…
A) (BAC - EV)/CPI
B) (BAC - EV)/SPI
C) (BAC + EV)/CPI
D) (BAC + EV)/SPI
E) (BAC - AC)/CPI
A) (BAC - EV)/CPI
B) (BAC - EV)/SPI
C) (BAC + EV)/CPI
D) (BAC + EV)/SPI
E) (BAC - AC)/CPI
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52
List and briefly describe the three distinct types of reports.
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53
The following components are required for project control except;
A) Sensor
B) Comparator
C) Decision maker
D) Standard
E) Regulator
A) Sensor
B) Comparator
C) Decision maker
D) Standard
E) Regulator
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54
Which of the following is most closely associated with ordinal rankings?
A) frequency counts
B) raw numbers
C) indicators
D) subjective numeric rankings
E) surrogates
A) frequency counts
B) raw numbers
C) indicators
D) subjective numeric rankings
E) surrogates
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55
When a PM updates a project all of the following should be updated except:
A) Tables
B) Charts
C) Action plans
D) All of the above should be updated
E) None of the above should be updated
A) Tables
B) Charts
C) Action plans
D) All of the above should be updated
E) None of the above should be updated
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56
Which of the following is not a tool used to aid the PM in project control?
A) variance analysis
B) trend projections
C) earned value analysis
D) control charts
E) discounted cash flow analysis
A) variance analysis
B) trend projections
C) earned value analysis
D) control charts
E) discounted cash flow analysis
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57
Data Collecting will eventually exist in one of the following formats except:
A) Frequency counting
B) Raw numbers
C) Verbal characterization
D) Subjective numeric ratings
E) Probability scores
A) Frequency counting
B) Raw numbers
C) Verbal characterization
D) Subjective numeric ratings
E) Probability scores
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58
Which of the following is not a distinct type of report?
A) exception
B) special analysis
C) critical incident
D) routine
E) all of the above are distinct types of reports
A) exception
B) special analysis
C) critical incident
D) routine
E) all of the above are distinct types of reports
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59
The most common source of changes to a project based on the natural tendency of the client and project team members to improve the project's output is called…
A) scope creep
B) projectitis
C) multitasking
D) dynamic scoping
E) unfreezing
A) scope creep
B) projectitis
C) multitasking
D) dynamic scoping
E) unfreezing
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60
The cost/spending variance is calculated as…
A) AC - EV
B) EV- PV
C) PV - EV
D) AC - PV
E) EV - AC
A) AC - EV
B) EV- PV
C) PV - EV
D) AC - PV
E) EV - AC
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61
All good project plans have a change control system as a component. Briefly explain the change control process.
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62
State the formula for CPI. Explain what CPI means and its relevance to monitoring and controlling a project.
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63
Why is control difficult?
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64
What is the best way to estimate percent completion of activities for finding earned value?
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65
Identify several tools a PM can use to control a project plan.
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66
Explain how an earned value chart can be used to help monitor and control a project.
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67
What actions can you take to help avoid the common problems associated with meetings?
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68
What are the two primary purposes of control?
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69
Define the terms monitoring and control.
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70
Explain why virtual projects may be necessary?
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71
What is earned value?
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72
State the formula for SPI. Explain what SPI means and its relevance to monitoring and controlling a project.
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